This is a $125,000 refinance loan request at 50% LTV for a single-family home in Bradenton, FL. The property features two bedrooms, two bathrooms, and 1,766 square feet. The borrower intends to list the home for sale as an exit strategy.
Collateral:
Type: Fix and Lease
Description:
Borrower requested a $650,000 loan to purchase a single-family property in Tarpon Springs, Florida. The property being purchased features 2 beds and 2 baths at 2,188 sq/ft with a pool. The borrower is cross collateralizing another property in pristine condition, featuring 4 beds and 5 baths in 3,849 sq/ft with a pool. The borrower will be selling the property as an exit from the loan.
- Loan Amount: $650,000
- Date: March 2025